Posts tagged Commission on Fiscal Stability and Economic Growth
Better Housing Options Will Attract Millennials To Connecticut

The Commission on Fiscal Stability and Economic Growth is nearing completion of its yeoman’s search for savings, income, strategies and opportunities to right the state’s fiscal ship.

Labor pool. Pension costs. Tax policy. Education aid. It’s clear they will give the legislature serious policy recommendations to consider. I spoke before the commission last Friday and asked that they also consider policies that can invigorate a linchpin of our economy: housing ...

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Two CEOs shaping CT economic policy say state's future at stake

Last spring, Bob Patricelli, the serial entrepreneur who recently sold his physician practice management firm Women's Health USA Inc., was facing retirement but he wasn't quite ready to hit the slow lane just yet.

He also harbored deep concerns about the state's economic and fiscal future and thought the business community wasn't doing enough to influence public policy in a way that promoted growth and stability.

So he tapped his network of friends — many of them top executives of other Connecticut companies — to brainstorm ways they could form a new public-private partnership with policymakers. The self-proclaimed "Friday Group" met last spring over several months for Friday breakfasts at the Hartford Club.

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Business Leaders Say State Economy is in Crisis

Connecticut’s private sector leaders convened Monday with two of the Malloy administration’s top economic advisers to tackle issues that have stymied lawmakers for years: sluggish economic growth, a dwindling population and an entrepreneurial climate that more and more businesses criticize as noncompetitive.

On Monday, members of the newly chartered Commission on Fiscal Stability and Economic Growth met at Yale with Kevin Sullivan, the state’s commissioner of revenue services, and Catherine Smith, commissioner of economic and community development. The 14-person commission, which includes the heads of some of Connecticut’s largest companies, represents a rare foray into the realm of public policy by private sector leaders. The commission will offer formal recommendations to Gov. Dannel Malloy and the Legislature on March 1.

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